Yes, it is possible. It will require YOU to find data sheet for LCD, bring all wires to PIC and make program for it to decode signal. Whether or not it is smart thing to do, I doubt it.
In your other post, yes you can use labview acquisition module to read power meter output, but you will have to make program in LabView package. Again, it is much simpler to buy device for the job.
You already got link to meter that does what you need in Conrad Electronics. Only thing you require are adapters to be able to plug this meter into Italian power outlet and to plug your load into the meter.
Don't waste time, both yours and ours, in futile attempts to save 10 Euro.