Three conflicting models are currently proposed for the location and tectonic setting of the Eurasian continental margin and adjacent Tethys ocean in the Balkan region during Mesozoic-Early Tertiary time. Model 1 places the Eurasian margin within the Rhodope zone relatively close to the Moesian platform. A Tethyan oceanic basin was located to the south bordering a large ''Serbo-Pelagonian'' microcontinent. Model 2 correlates an integral ''Serbo-Pelagonian'' continental unit with the Eurasian margin and locates the Tethys further southwest. Model 3 envisages the Pelagonian zone and the Serbo-Macedonian zone as conjugate continental units separated by a Tethyan ocean that was sutured in Early Tertiary time to create the Vardar zone of northern Greece and former Yugoslavia. These published alternatives are tested in this paper based on a study of the tectono-stratigraphy of a completely exposed transect located in the Voras Mountains of northernmost Greece. The outcrop extends across the Vardar zone, from the Pelagonian zone in the west to the Serbo-Macedonian zone in the east.Within the Voras Massif, six east-dipping imbricate thrust sheets are recognised. Of these, Units 1-4 correlate with the regional Pelagonian zone in the west (and related Almopias sub-zone). By contrast, Units 5-6 show a contrasting tectono-stratigraphy and correlate with the Paikon Massif and the Serbo-Macedonian zone to the east. These units form a stack of thrust sheets, with Unit 1 at the base and Unit 6 at the top. Unstacking these thrust sheets places ophiolitic units between the Pelagonian zone and the Serbo-Macedonian zone, as in Model 3. Additional implications are, first, that the Paikon Massif cannot be seen as a window of Pelagonian basement, as in Model 1, and, secondly, Jurassic andesitic volcanics of the Paikon Massif locally preserve a gneissose continental basement, ruling out a recently suggested origin as an intra-oceanic arc.We envisage that the Almopias (Vardar) ocean rifted in Triassic time, followed by seafloor spreading. The Almopias ocean was consumed beneath the Serbo-Macedonian margin in Jurassic time, generating subduction-related arc volcanism in the Paikon Massif and related units. Ophiolites were emplaced onto the Pelagonian margin in the west and covered by Late Jurassic (pre-Kimmeridgian) conglomerates. Other ophiolitic rocks formed within the Vardar zone (Ano Garefi ophiolite, Unit 4) in latest Jurassic-Early Cretaceous time and were not deformed until Early Tertiary time. The Vardar zone finally sutured in the Early Tertiary creating the present imbricate thrust structure of the Voras Mountains.