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There's nothing to be staggared about, company procedures are put in place by company chief pilots with direct advice from boeing. And they probably just about understand a little more on aviation than you and I...
And in any case, with an engine failure at 200 feet any sensible pilot goes around, solves the problem, thinks about it and then attempts another approach.
More so when u're landing in ciampino which is performance limited, more so when everything happened at such low altitude which give u very little space to stablise the aircraft to land and most probably the engine didn't simply fail, it probably surged due to bird intake which was even more difficult to control at 200 feet.
Automatic go around? the only automatic go around is out of a dual channel approach, which isn't the case here. Any other go around is manually flown.
alex.