During his second mandate, he became Vice-President of the Committee on Budgets, member of the Committee on Civil Liberties, Justice and Home Affairs, of the Special committee on the policy challenges and budgetary resources for a sustainable European Union after 2013, and of the Delegation for relations with Iran and Spokesman of the ALDE group for Home Affairs.
Alvaro was also involved in many European dossiers and campaigns, initiating the Oneseat campaign (Oneseat.eu) with Swedish Minister for European affairs and ex-MEP Cecilia Malmström, dealing with the American Government on the Swift International EU-US Treaty, and defending civil liberties on legislative projects such as ACTA.
On 22 February 2013, Alvaro was involved in a car crash in which the vehicle Alvaro was driving struck another car. Alvaro was badly injured and the driver in the other vehicle was killed though it is not known if he had already died before due to an accident which happened before. Two more passengers in the other car were badly injured. Alvaro spent time in a coma, was hospitalised for several months and returned to Parliament in September.
He was founder and board member of EU40 www.eu40.eu, the associations of MEPs and EU officials under the age of 40, aiming at enhancing trans-partisan generation-based EU policies. Alvaro stood down in 2014, choosing not to stand in the 2014 European Parliament election.