The publisher of the Latino newspaper Diario San Diego announced Thursday that is closing in two weeks after seven years due to financial struggles.

In a message in the paper's Web site, José Santiago Healy thanked readers and advertisers who had supported the publication.

"Over seven years we had innumerable achievements and met many goals as a communication medium. Regrettably, it was not possible to stabilize our financial situation," Healy wrote.

The Spanish-language publication, based in Chula Vista, covered education, immigration, and other issues of interest to Latinos in the border region. In March of 2009, Healy said the paper's circulation had reached 30,000.

The final edition will publish June 16 and its Web site will remain until the end of the month.

In the beginning, the newspaper published daily under the name Diario Latino. However, a legal dispute with another Hispanic newspaper, and financial challenges, forced it to scale back publication to twice a week and then to weekly.

Santiago Healy is part of a newspaper publishing family from Sonora, Mexico. Their holdings include the dailies Frontera, in Tijuana; La Crónica, in Mexicali, and El Imparcial, in Hermosillo, Sonora.

He separated from his family's publishing group eight years ago to open his own newspaper in San Diego.

"All of us who worked in this journalistic enterprise are leaving with our heads held high and very proud of having put our grain of sand toward constructing a better level of life for our border community of San Diego and Tijuana," the publisher's letter concluded.