Can Quantum Theory be presented as a Classical Ensemble Theory?

We examine the possibility of reformulating quantum theory (QT) as a deterministic ensemble theory which (a) interprets observables as objective properties of physical systems and (b) coincides with QT in all quantitative statements. As will be demonstrated, such an Ensemble-Quantum-Theory (EQT) can only be constructed if (1) one accepts a modified observable-concept, and (2) as long as the theory of measurement is left out of account. A correct treatment of the measuring process is impossible within such an EQT. Consequently, there exist no Hidden-Variable Theories with the properties (a) and (b).