In the -200, our procedure is to increase thrust, retract flaps to 15, pitch up 4°(or as required) to maintain GS, inhibit the GPWS and declare an emergency. Target airspeed is outer bug(Vref +15). I suppose in windy conditions, approach speed could be higher than VRef+15. I wouldn't think anyone would slow down. Now at flaps 15 if you have to go around, you are in a lower initial drag situation.