The problems related to democracy of the electoral process and transparency of the election campaigns financing in Bulgaria occupy a central place in the public discussion from the beginning of the democratic changes in the 90s of the 20th century until today. During this period, the election process was monitored by a number of researchers, Bulgarian and international organizations, whose analyses highlighted the main deficiencies in the conduct of elections in the country. This article reflects the assessment of the compliance between international standards for fair and democratic elections and the state of the electoral process in Bulgaria. The main emphasis is placed on inconsistencies and deficits in the elections, thus the analysis can serve as a starting point for improvements in the electoral process in Bulgaria.