How difficult is it to go around with a single engine failure?

Возможный вариант ответа на вопрос selcal.
Believed by many experts, it is hardly possible to conduct a missed approach procedure with one engine shut down? What do you think? Paraphrase: How difficult is it to go around with a single engine failure?
In my opinion go-around is possible in this case but it depends on the model of the aircraft and professionalism of the pilot. Basically a twin engined aircraft needs both engines to fly straight and to be able to climb quickly. When one engine fails the thrust is coming from one side of the aircraft. That's why one engine is not suitable for take off or climbing. However with one engine altitude can be easily maintained. I think in case of go-around we should meter out flaps to slow the plane to approach speed, without changing the original power setting. Approach speeds are higher on 1 engine due to the need to protect the ability to execute a single engine go around.

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